Nissan's quarterly profit falls on weak Japan sales, yen

TOKYO – Japanese automaker Nissan Motor Co. says its profit fell 15 percent in the July-September quarter. Strong sales in North America and China failed to make up for sluggish demand in Japan and a stronger yen.

Nissan, based in Yokohama, southwest of Tokyo, reported Monday that its profit in the last quarter was 146 billion yen ($1.4 billion), down from 173 billion yen a year earlier.